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India Better Placed For A Taper Tantrum, Sharp Tightening Unlikely, Says JPMorgan's Sanjay Mookim
The RBI's significant dollar buffer has made the rupee more defensible, says JPMorgan's Sanjay Mookim.
21 Sep 2021, 07:42 AM IST
India is in a better position than emerging-market peers to handle a possible taper tantrum, according to JPMorgan's Sanjay Mookim. And while a liquidity pullback remains a risk, he doesn't anticipate aggressive tightening. From a currency perspective, the Reserve Bank of India's significant dollar buffer has made the rupee more defensible, the head of equity research at JPMorgan said in an interview with BloombergQuint's Niraj Shah....
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